Claiming exemption u/s 54ec
This query is : Resolved
16 July 2013
THE ASSESSEE SOLD AN HOUSE PROPERTY(LONG TERM) ON 05-12-2012 FOR RS.500000.00.NOW HE WANTS TO CLAIM EXEMPTION U/S 54EC.IF HE PURCHASED A BOND ON 20-07-2013,THEN WHETHER HE IS ELIGIBLE FOR CLAIMING EXEMPTION U/S 54EC.IF YES,GIVE A SUITABLE ANSWER WITH REASONS.
EMAIL-ID-vishalmodi89@yahoo.com
EMAIL-ID-vishalmodi89@yahoo.com
16 July 2013
Yes. he is eligible to get exemption under 54EC if he deposit the amount of capital gain in capital gain account scheme/purchase of bonds with in duedate of filing of return
25 August 2013
Yes the date mentioned by you is before the due date of filing of the return hence jhe is eligible to claim the benefits
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